Strategic Planning and Introduction To LSS
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Lean Six Sigma – in Plain<br />
Language<br />
• Internal <strong>and</strong> External factors.<br />
• Internal factors include the reduction waste in Work<br />
in Process (WIP) <strong>and</strong> reduction in excess inventory,<br />
which restricts the use of capital <strong>and</strong> has a negative<br />
impact on cash flow.<br />
• External factors include faster time to market <strong>and</strong><br />
increase customer satisfaction.<br />
• Time is the base factor – Time is Money – Time is<br />
value
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